Is Knight Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knight Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Knight Township has remained a Seller's Market.

Key Takeaway

Knight Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Knight Township, IN

How much do homes in Knight Township, IN cost?

Median Sold Price

$157,650

$133/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$8,350(-5.0%)

Key Takeaway

Homes in Knight Township have sold for 5% less than they did a month ago.

Summary: The median home sold price in Knight Township was $157,650 in October 2024, down 5% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$65.7K
N/A
2 $147.4K$142K
-3.7%
3 $185.2K$164.9K
-10.9%
4 $174K$279.9K
+60.9%
5+ $415K$165.3K
-60.2%

Summary: Knight Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes increased by 60.9%, and 5+ bedroom homes decreased by 60.2%.

Median Sold Price Compared To Nearby Cities

Center Township
+9.1%
Ohio Township
+7.0%
Evansville
-1.1%
Knight Township
-5.0%
Pigeon Township
-25.1%

Housing Supply in Knight Township, IN

How many homes are available in Knight Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
275302+9.8%

Summary: The Knight Township real estate market had 302 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 9191
0.0%
3 136163
+19.9%
4 3635
-2.8%
5+ 77
0.0%

Summary: The Knight Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.9%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7179+11.3%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knight Township, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Knight Township in October 2024, up by 11.3% month-over-month. Of the 73 sold homes, 51% were sold under asking, 23% were sold at asking, and 26% were sold over asking.

Days on Market for Knight Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Knight Township, IN

Nearby Markets to Knight Township, IN

What housing markets are near Knight Township, IN?